(Originally published May 16, 2025)
Interest in blockchain gaming continues its downward dip in April, according to the latest findings in the Games report by DeFi platform DappRadar. Reduced funding could be among the factors causing this fall.
User activity dropped in April by 10% while blockchain gaming reached 4.8 million daily Unique Active Wallets, its lowest point in 2025 so far. $21 million was raised for blockchain gaming, which represents a 69% drop from March.
The Dapp ecosystem is split more or less evenly across the following categories: Social, Games, AI, DeFi, NFT, and other.
Source: DappRadar
The top gaming blockchains in the Dapp ecosystem are opBNB, Aptos, and Nebula, with 1.04 million, 609,000, and 549,000 daily Unique Active Wallets in April 2025. While the month-on-month changes to these gaming blockchains were minimal, other ecosystems such as NEAR and Immutable zkEVM lost relatively more users, around 10% and 35% respectively.
Source: DappRadar
The report also noted that traditional game publishers are now starting to get more involved with Web3 gaming. Sega launched KAI: Battle of Three Kingdoms with NFTs and play-to-earn mechanics. In April, Ubisoft officially announced a partnership with Immutable to bring the Might and Magic series to Web3 gaming through the release of Might & Magic: Fates.